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Maui County Deferred Payment Loan

Hawaii Community Lending (HCL) · Maui County, Hawaii

Last verified
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Assistance

$200,000

The maximum the program publishes — not an offer

Income limit

120% AMI

Of area median income; varies by county and household size

Repayment

Deferred

No payments until the home is sold or refinanced

What is Maui County Deferred Payment Loan?

Maui County Deferred Payment Loan is a deferred second loan for homebuyers in Maui County, Hawaii, administered by Hawaii Community Lending (HCL).

  • The Maui County Deferred Payment Loan is a 0%-interest deferred second mortgage administered by Hawaii Community Lending that buys down a homebuyer's mortgage principal on property off Hawaiian Home Lands in Maui County. It is available to Maui County residents with at least 2 years of residency who earn under 120% AMI, with a maximum loan of $200,000 for low-AMI borrowers. Deed restrictions and a shared equity appreciation agreement apply.
  • Up to $200,000 in deferred assistance.
  • 0% interest.
  • Buys down mortgage principal.
  • Serves households under 120% AMI.
  • Funding comes from County of Maui funds, administered by Hawaii Community Lending.

How much assistance does it provide?

Maui County Deferred Payment Loan offers up to $200,000 in assistance.

  • Award tiers: $200,000 maximum loan for low-AMI borrowers.
  • Amounts are the program's published maximums, not an offer — Hawaii Community Lending (HCL) determines any individual award.

Do you have to pay it back?

Maui County Deferred Payment Loan is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off.

  • Repayment is triggered by Deferred; shared equity appreciation and deed restrictions apply at sale/transfer.
  • The assistance is recorded in Second position.
  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Maui County Deferred Payment Loan is open to buyers who will live in the home as their primary residence.

The program requires

  • The home is occupied as a primary residence
  • A completed homebuyer education course, through HUD-certified housing counseling (required).
  • Residency: Maui County residents with a minimum of 2 years residency.
  • Minimum 2 years Maui County residency. Borrower must earn under 120% AMI. Deed restrictions and shared equity appreciation apply. HUD counseling required. Property must be off Hawaiian Home Lands. This is a distinct HCL-administered county product (separate from the catalog's Maui County First-Time Home Buyer's DPA Program run by the County's housing division). Confirm whether first-time-buyer status is required and the full term sheet with HCL.

The program excludes

  • Households above 120% of area median income

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

Maui County Deferred Payment Loan limits household income to 120% of the area median income, which varies by county and household size.

  • Borrower must earn under 120% of Area Median Income (AMI). $200,000 maximum loan applies to low-AMI borrowers.
  • The limit applies to total household income, not only the borrower’s.
  • Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Maui County Deferred Payment Loan can be used for Single Family, Condo, and Townhouse.

Where does it apply?

Maui County Deferred Payment Loan serves buyers purchasing in Maui County, Hawaii.

How do you apply?

Applications for Maui County Deferred Payment Loan go through Hawaii Community Lending (HCL), which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program, through HUD-certified housing counseling (required)..

  2. Contact Hawaii Community Lending (HCL) to reserve funds

    Funds are reserved with the provider and are subject to availability.

  3. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

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